It's a tough time for dairy farmers with expenses up and profits down.

An industry survey has shown a suite of challenges for dairy producers including a drop in the payout for milk solids and a reduction in herd size.

It's caused operating profits to be down 27%.

Mark Neal, Head of Data Science at Dairy NZ, told Mike Hosking that it's emblematic of wider economic challenges.

He says farmers, like the rest of New Zealanders, are battling inflation and are being forced to watch costs.

LISTEN ABOVE

It's a tough time for dairy farmers with expenses up and profits down. 
An industry survey has shown a suite of challenges for dairy producers including a drop in the payout for milk solids and a reduction in herd size. 
It's caused operating profits to be down 27%. 
Mark Neal, Head of Data Science at Dairy NZ, told Mike Hosking that it's emblematic of wider economic challenges. 
He says farmers, like the rest of New Zealanders, are battling inflation and are being forced to watch costs. 
LISTEN ABOVE

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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